This is the kind of thing that, if it surprises you, deserves to be digested over a long period of time.
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It's difficult to find a clearer expression of the pathology of the global financial system.
Very straightforward; very bad.
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0 prosecution of bank fraud & assorted other crimes; normalization of changes like this; arbitrary rich-first policy.
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States consistently rule in favor of banks vs. their own citizens, implement monetary policies that squeeze the poor.
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. Precisely. The grey market is becoming a black market through concentrated attempts to change legislation and jurisprudence.
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If anything, my impression is that this policy is an attempt to circumvent actual financial systems - or preempt them.
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The market is cold and ruthlessly fair, but the states are intentionally limiting the access the poor have to that impartiality
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. Exactly. The idea of the state "protecting" the free market makes very little sense.
States are regulators, not liberators.
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. There is a lot of space to regulate and protect people and vested interests *from* the market.
The free market talk is BS.
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